A slow end to 2023
Follow the money: The strength of China’s outward foreign investment during pandemic raises questions.
China’s outward foreign direct investment accelerated rapidly between 2000 and 2016 – initially to secure access to natural resources, before diversifying into a range of services and higher value technology sectors. Tighter regulation in subsequent years saw a decline in the flow of outward investment, however official data point to an increase in 2020, despite the negative impacts of the COVID-19 pandemic. These recent data are inconsistent with other international measures of China’s investment, raising questions around their accuracy.
For further details, please see the China Economic Update (April 2022)
© National Australia Bank Limited. ABN 12 004 044 937 AFSL and Australian Credit Licence 230686.